Composite Pipes Market

By Type;

14 mm, 26 mm, 63 mm and Others

By Manufacturing Process;

Filament Wound and Rotary Casting

By Application;

Food Processing, Chemical Processing, Petrol & Diesel & Kerosene, Air Conditioning, Natural Gas Distribution, Insecticides Spraying, Submersible Piping, Radiator Central Heating, Vacuum Systems and Others

By Industry Vertical;

Oil & Gas Industry, Construction Industry, Agriculture Industry, Food & Beverages, Chemical Industry and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn125410414 Published Date: September, 2025 Updated Date: October, 2025

Composite Pipes Market Overview

Composite Pipes Market (USD Million)

Composite Pipes Market was valued at USD 2,555.41 million in the year 2024. The size of this market is expected to increase to USD 3,791.93 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.


Composite Pipes Market

*Market size in USD million

CAGR 5.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.8 %
Market Size (2024)USD 2,555.41 Million
Market Size (2031)USD 3,791.93 Million
Market ConcentrationMedium
Report Pages316
2,555.41
2024
3,791.93
2031

Major Players

  • Liao Ning Huayi Chemical
  • Hebei Smart Chemicals Company (HSCC)
  • Tengzhou Tenglong Chemical
  • Fushimi Pharmaceutical
  • San Fu
  • Remi Fine
  • Navyug Pharmachem

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Composite Pipes Market

Fragmented - Highly competitive market without dominant players


The Composite Pipes Market is witnessing robust expansion as industries shift toward lightweight, durable, and corrosion-resistant materials. Currently, around 55–60% of oil and gas transmission systems are incorporating composite pipes to improve efficiency and reduce maintenance costs. Their ability to handle extreme environments while offering longer service life makes them a preferred alternative to conventional metal pipes.

Rising Adoption in Construction and Infrastructure

The use of composite pipes in construction and municipal projects has grown by nearly 40% in recent years. These pipes are increasingly replacing traditional materials in water distribution, sewage, and district heating systems. Their lightweight structure and 25–30% faster installation times significantly reduce labor costs and enhance project efficiency, fueling adoption across infrastructure sectors.

Technological Advancements Driving Growth

Innovations in resin systems and reinforcement fibers have improved the mechanical strength of composite pipes by 20–25%. Long-length spooling and advanced jointing technologies have also increased efficiency in installation and reduced leakage risks. These developments are making composite pipes more reliable and cost-effective for large-scale applications.

Future Growth Outlook

With demand rising across oil & gas, construction, and industrial sectors, the composite pipes market is positioned for sustained growth. Continuous investment in R&D, combined with a 35–40% increase in replacement of metallic pipes, will further accelerate market adoption in the coming years. Their role in delivering sustainable, high-performance solutions ensures a strong market trajectory ahead.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Manufacturing Process
    3. Market Snapshot, By Application
    4. Market Snapshot, By Industry Vertical
    5. Market Snapshot, By Region
  4. Composite Pipes Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Industrial Applications
        2. Lightweight and Durable
        3. Corrosion Resistance Benefits
        4. Infrastructure Development Boost
      2. Restraints
        1. High Initial Costs
        2. Technical Skill Requirements
        3. Limited Awareness Globally
        4. Raw Material Price Volatility
      3. Opportunities
        1. Emerging Markets Expansion
        2. Technological Advancements Innovations
        3. Green Building Initiatives
        4. Customized Composite Solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Composite Pipes Market, By Type, 2021 - 2031 (USD Million)
      1. 14mm
      2. 26mm
      3. 63mm
      4. Others
    2. Composite Pipes Market, By Manufacturing Process, 2021 - 2031 (USD Million)

      1. Filament wound

      2. Rotary Casting

    3. Composite Pipes Market, By Application, 2021 - 2031 (USD Million)
      1. Food Processing
      2. Chemical Processing
      3. Petrol/Diesel/Kerosene
      4. Air Conditioning, Natural Gas Distribution
      5. Insecticides Spraying
      6. Submersible piping
      7. Radiator Central Heating
      8. Vacuum Systems
      9. Others
    4. Composite Pipes Market, By Industry Vertical, 2021 - 2031 (USD Million)

      1. Oil & Gas Industry

      2. Construction Industry

      3. Agriculture Industry

      4. Food & Beverages

      5. Chemical Industry

      6. Others

    5. Composite Pipes Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Future Pipe Industries (FPI)
      2. Trelleborg AB
      3. Owens Corning / Flowtite / Amiblu
      4. Jushi Group
      5. Solvay S.A.
      6. LANXESS AG
      7. Sika AG
      8. China National Building Material (CNBM)
      9. Gurit Holding AG
      10. Nexus Composite
      11. Tenaris S.A.
      12. ZCL Composites
      13. Wavin
      14. TechnipFMC
      15. Pipelife International
  7. Analyst Views
  8. Future Outlook of the Market